News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Nov- 2023 -10 November
Asos to launch first pop-up store ahead of Black Friday
Asos is set to launch its first four-storey pop-up store in Central London from 23-26 November. The Asos In Real…
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9 November
Today’s news in brief-9/11/23
Bridgestone has invested $3m for a 5% stake in Halfords’ Avayler business. Avayler, a software-as-a-service (SaaS) provider, helps automotive companies…
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9 November
SPAR appoints three new directors
SPAR UK Ltd has announced three new director appointments at the Central Office in Harrow. Trudy Hills will be trading…
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9 November
Just Hype appoints new CEO and COO
Lifestyle and accessories brand Just Hype has announced the appointments of Mike Thompson as its new chief executive officer and…
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9 November
Under Armour lowers full-year revenue forecast as Q2 sales flatten
Under Armour has lowered its full-year revenue forecast as its revenues stagnated in Q2. In the three months to 30…
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9 November
The Works lowers guidance due to sales uncertainty
The Works has announced that it has lowered its full-year guidance to an adjusted EBITDA of approximately £6.0m due to…
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9 November
B&M raises guidance as H1 sales rise 10%
B&M has upped its full-year outlook following a period of strong trading in H1, as sales rose by 10.4% to…
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9 November
Bridgestone takes 5% stake in Halfords business
Halfords has announced that global mobility company Bridgestone has agreed a 5% stake in its Avayler business for $3m (£2.4m).…
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9 November
WH Smith revenues up 28% to £1.7bn in FY23
WH Smith has reported that total group revenues increased 28% to £1.7bn for the year ended 31 August, up from…
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8 November
Today’s news in brief-8/11/23
JD Sports is facing scrutiny over a £3.5m non-compete deal with its former CEO, Peter Cowgill. This agreement, signed in…
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